Businesses use enterprise social networks, which are private, internal social networks, to help their teams communicate with one another across the organisation.
Team messaging, businesses project management, task management, and collaboration tools are typically combined into one platform. By communicate team members through profiles, updates, and notifications that are similar to Face-book's features but specifically designed for internal corporate uses, telepresence technology adds value to a business.
Social media benefits for businesses include customer attraction, customer feedback, and customer loyalty. expand your market reach to communicate global markets. reduce marketing expenses by conducting market research. By creating customer networks and advertising, revenue can be increased.
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Viewing citizens as customers is a central part of ______.
Viewing citizens as customers is an important part of the public choice model.
In political science, it is a subset of positive political theory that studies selfish actors (voters, politicians, bureaucrats) and their interactions, using (for example) standard effective utility maximization, games can be expressed in various ways. theory, or decision theory.
It is the origin and intellectual foundation of modern work in political economy. In general, "public choice" refers to how elected officials, bureaucrats, and other government agencies are influenced by their own perceived self-interest in making decisions about their public roles.
It is often used as shorthand for the building blocks of modern public choice theory, which focuses on Economist James M. Buchanan was awarded the 1986 Nobel Prize in Economics for "developing the contractual and constitutional foundations for the theory of economic and political decision-making" in this field. bottom.
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Where Y is GDP, C is consumption, I is investment, G is government spending, T is net taxes, and there is no international trade, private saving equals:C + I + G - T.Y - C - I.Y - T - C.Y - T - G.
Where Y is GDP, C is consumption, I is investment, G is government spending, T is net taxes, and there is no international trade, private saving equals Y-T-C
The amount of money allotted by the public sector for the purchase of goods and the provision of services, such as defence, social protection, healthcare, and education, is known as government expenditure. Investment by the government refers to the acquisition of goods and services for later usage. This includes public consumption, investment, and transfer payments that are made up of income transfers. Government spending refers to all of a government's expenditures that go towards funding social programmes, construction projects, and public services. The two primary spending areas for the government are gross investments and current expenditures. Subsidies, interest payments, current transfer payments, and consumption expenditure expenditures (spending on goods and services for the general public) can all be categorised as current government expenditures.
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What is base-rate fallacy example?
The base-rate fallacy is a cognitive bias where an individual ignores the likelihood of an event occurring in favor of the more specific information they have. This can lead to incorrect assumptions and decisions.
For example, even though the base rate of people being arrested for a crime is actually extremely low, someone who heard that a person had been arrested for a crime may infer that the person was guilty.
As the person is concentrating on the specific knowledge they have and neglecting the base rate of the event occurring, this is an illustration of the base rate fallacy.
This method of decision-making can result in false premises and false conclusions. In order to ensure that the proper decision is made, it is crucial to take the base rate into account while making judgments.
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achieving competitive advantage requires firms to consider all of their activities and: plan incremental changes to build up their competitiveness. change a small number of activities at a time to build their competitive position carefully. ensure that activity choices are internally consistent and well integrated. none of the answers is correct. all of the answers are correct.
Achieving competitive advantage requires firms to consider all of their activities and change small number of activities at time to build their competitive position carefully.
What is competitive advantage?Competitive advantage refers to the factors that give a company an edge over its competitors in the marketplace. It is the unique set of characteristics, resources, or capabilities that enables a business to outperform its rivals and sustain its success over the long term. These advantages can be based on a range of factors, including cost structure, product quality, innovation, customer service, and brand reputation. The key to maintaining a competitive advantage is to continuously assess the market and adapt to changing conditions, while also leveraging the strengths of the company to differentiate it from others in the industry. By leveraging their competitive advantages, businesses can attract and retain customers, increase market share, and ultimately drive profitability.
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what company is sponsoring the halftime show and who is performing 2023?
Apple music is sponsoring the halftime show in 2023 and Rihanna is performing in the halftime show.
Apple Music is a music, audio and video streaming service developed by Apple Inc. Apple signed on to sponsor the halftime show in a multiyear deal after Pepsi dropped its decade-long sponsorship last May. The show is being produced by Jay-Z's Roc Nation which has been its producer since 2019.
Robyn Rihanna Fenty NH, also known as Rihanna, is a Barbadian singer, actress, and businesswoman. She is also the founder, owner, and CEO of Fenty Beauty.
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Suppose your expenses for summer school are as follows: tuition: $5,000, room and board: $3,000, books and other educational supplies: $500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $10,000. What is the opportunity cost of going to college this term?
The opportunity cost of attending college this semester is $6500.
Using the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.
= $5,000+$3,000- $500.=6500
The value of the best alternative foregone when, due to limited resources, a decision must be made between numerous mutually exclusive alternatives is known as the opportunity cost in microeconomic theory. If the best option is chosen, the "cost" is the loss of the benefit that would have been gained from selecting the next-best option. It is described as "the loss of potential gain from other choices when one alternative is chosen" in the New Oxford American Dictionary. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.
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pepperland is a small country; its gdp in 2014 was $10,000, and its population was 10 people. gdp in pepperland in 2015 increased to $12,000, while the population increased by 30 percent. as a result, gdp per capita in pepperland in 2015:
According to the question GDP per capita in Pepperland in 2015 $923.08
What is GDP?Gross Domestic Product (GDP) is a measure of a country’s economic output. It reflects the total value of goods and services produced within a given period, generally one year. It is used to measure the size of an economy and to compare the economic performance of different countries. GDP is calculated by adding up the value of all goods and services produced in the economy and subtracting any intermediate inputs that were used in their production. It is commonly used to measure the health and growth of an economy.
GDP per capita in Pepperland in 2015 can be calculated by taking the total GDP of Pepperland in 2015 ($12,000) and dividing it by the total population in 2015 (10 + 30% = 13).
Therefore, GDP per capita in Pepperland in 2015 = $12,000 / 13 = $923.08
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what was the populist party apush
Populists were agricultural-based political movements aimed at improving conditions for the country's farmers and farm workers. Before the populist movement, we had the Farmers Alliance and The Grange.
Beginning in the late 19th century, the country's peasants began organizing to defend their interests against what they saw as the interests of the eastern ruling class and banking elite.
Discontent among the country's farm workers grew as the number of landless peasants increased and self-employed farmers' debts soared due to tighter credit conditions and bank interest rates.
In 1876, the Farmers' League was formed in Texas to end the agricultural lien system that had impoverished so many farmers. In the cotton-rich South, a crop lien system operated among landless sharecroppers and sharecroppers, both white and black.
These workers took out loans to buy the seeds, tools, and other supplies needed to grow cotton. After harvesting, they had to repay the loan in the form of cotton. When cotton prices fell, these workers were sometimes left with nothing after their crops were recovered by creditors.
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hich of the following statements are true? multiple select question. if market value is less that actual cost, the inventory must be valued at actual cost. the most common practice is to apply lower-of-cost-or-market to each individual inventory item. gaap requires that ending inventory be reported at lower-of-cost-or-market, regardless of the cost flow method used.
The following statements that are true are GAAP requires that ending inventory be reported at the lower-of-cost-or-market, regardless of cost flow method used and if market value is less than actual cost.
What is market value?Market value is the current estimated worth of a company or asset based on its perceived value in the marketplace. It is determined by the forces of supply and demand, and reflects the price at which buyers and sellers are willing to transact. Market value is influenced by various factors such as financial performance, industry trends, economic conditions, and investor sentiment. It is often used by investors, analysts, and business owners to assess the potential profitability and growth prospects of a company or asset. Market value is not a fixed or static measure, and can fluctuate based on changing market conditions and events. It is an important metric for making investment decisions and evaluating the performance of a business.
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which statutory duties is included under the broader duty of promoting the client interest in dc
In the context of defined contribution (DC) pension plans, the statutory duty of promoting the client's interests is a broad duty that encompasses several specific duties.
The specific duties that fall under this broader duty may vary depending on the jurisdiction, but they generally include:
Duty to act prudently: The duty to act prudently requires fiduciaries to act with the care, skill, prudence, and diligence that a prudent person acting in a similar capacity and familiar with such matters would use.
Duty of loyalty: The duty of loyalty requires fiduciaries to act solely in the best interests of the plan participants and beneficiaries and to avoid conflicts of interest.
Duty to diversify investments: The duty to diversify investments requires fiduciaries to diversify the plan's investments to minimize the risk of large losses unless under the circumstances it is clearly prudent not to do so.
Duty to follow plan documents: The duty to follow plan documents requires fiduciaries to follow the plan's terms unless they are inconsistent with ERISA.
Duty to monitor service providers: The duty to monitor service providers requires fiduciaries to prudently select and monitor the plan's service providers.
These specific duties are designed to ensure that fiduciaries act in the best interests of the plan participants and beneficiaries and promote their long-term financial well-being. By fulfilling these duties, fiduciaries can help ensure that DC pension plans provide retirement income security to plan participants and beneficiaries.
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TRUE/FALSE. when an organization’s enacted values contradict its espoused values, new employees adopt the espoused values.
The statement is False. when an organization’s enacted values contradict its espoused values, new employees adopt the espoused values.
Espoused values in economics refer to the set of beliefs, principles, and goals that an organization or society publicly declares to uphold. These values often guide decision-making and behavior in economic systems. For instance, a company may publicly espouse values such as social responsibility, environmental sustainability, or ethical business practices. These values serve as a framework for how the company operates and interacts with stakeholders.
Similarly, in macroeconomics, espoused values may refer to the economic policies and goals of a government or society. For instance, a government may espouse values such as free-market capitalism, socialism, or protectionism. These values may guide the government's decision-making in areas such as trade, taxation, and regulation.
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what percent of adults, nationally, have a credit file and score?
Your acquaintance believes that since 88.4% of adults nationwide have credit files and scores, they all routinely use credit cards or loans.
The causes differ in nationally. The credit bureaus do not have any information on 11% of people, whereas they do have information about 12% of people, although it is "thin" or "stale." Some individuals lack a credit score because they are really young and have not had many opportunities to utilize credit.
The average FICO credit score for Americans is 706. Yet this doesn't really tell you anything about where you stand until your credit score is precisely 706. Yet, although the credit bureaus track the credit accounts maintained by adults, that doesn't always indicate that every adult has a credit-score.
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the nation’s total wealth was more than ________ between ______and _____, and this economic growth swept many americans into an affluent but unfamiliar "consumer society."
The nation's total wealth was more than doubling between 1950 and 1970, and this economic growth swept many Americans into an affluent but unfamiliar "consumer society."
Economic growth is a measure of the increase in a country's total output of goods and services over time. It is typically measured by an increase in a country's Gross Domestic Product (GDP) or Gross National Product (GNP). Economic growth is essential for creating jobs, reducing poverty, and improving living standards for citizens. It is driven by factors such as investment in infrastructure, technological innovation, trade, and human capital development. However, economic growth can also have negative consequences, such as environmental degradation, income inequality, and social unrest. Sustainable economic growth involves balancing economic development with social liability and environmental concerns. Governments can promote economic growth through policies that encourage investment, innovation, trade, and education. International cooperation and partnerships are also crucial for achieving sustainable economic growth that benefits all members of society.
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Ice cream maker Ben & Jerry’s has been fighting for social causes since they were founded in the 1970s. Ben Cohen, one of the company’s founders, started buying ingredients for his ice cream from a bakery that hired people without doing background checks. That bakery hired many ex-criminals who would have otherwise found it difficult to get jobs. In making that decision, Cohen acted as what for his company?a. A legal consultant b. A no-fault facilitator c. A chief ethics officer d. A moral agent
A social issue is a problem that affects many people within a society.
What is the meaning of Social Issue?A social issue is a concern that has a broad impact on society. It is a collection of issues that plague modern society frequently and that many individuals work to resolve. It frequently results from external causes that are out of a person's control.
Social issues are concerns or topics that affect a large number of people. They frequently illustrate current affairs while also illustrating enduring issues or conflicts that are challenging to resolve. Debate on these subjects is a natural byproduct of public conversation because beliefs, ideas, and attitudes can be strongly held.
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Kraft Foods recently increased its advertising and couponing to its current cheese consumers. It appears Kraft is pursuing what kind of opportunity:
A. Market penetration
B. product development
C. market development
D. mass marketing
E. Diversification
Kraft Foods is pursuing a Market penetration opportunity by increasing its advertising and couponing to its current cheese consumers. Option A is the correct answer.
Market penetration is a growth strategy that involves increasing sales of existing products to current customers or current market segments. By increasing its advertising and couponing to its current cheese consumers, Kraft Foods is attempting to increase its market share and sales within its current market segment.
This strategy aims to encourage current customers to purchase more of Kraft's cheese products, rather than attracting new customers or developing new products. Market penetration is a common strategy used by companies to achieve sustainable growth, and it can be achieved through various tactics such as pricing strategies, promotional activities, and improving product quality.
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True?False? developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions.
This statement is False: Developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions.
Product Development - it is natural for companies to update their products according to the increasing needs of the customer base. Companies who accomplish this more quickly will have an advantage. The industry also created new products for new markets after the plywood example. A notable example is The Big Bin, which was created by businesses and APA - The Engineered Wood Association. The Big Bin is a specially designed plywood alternative to 55-gallon steel and plastic drums. Food processors frequently utilize these to carry liquid concentrates like tomato paste or ketchup. The liquid is encapsulated in a disposable plastic bag. The Big Bin may be disassembled and reused because it is composed of panels. Another benefit is that it can be delivered flat when empty, which lowers transportation expenses.
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during what era did firms discover marketing?
The marketing idea was born in the 1950s. Businesses understood that their purpose for existing was to satiate the demands and desires of customers.
Selling the products that businesses can make was not the goal of marketing. It involved determining what to make to meet the requirements and desires of consumers. This was the practice of implementing marketing concepts when product ideas are being developed and designs are being made, as opposed to when trying to locate customers at the end of the production cycle. Era of Market Orientation Era of Market Orientation In the 1990s, market orientation first emerged. Businesses concentrated on consistently gathering data regarding customer wants. They also considered the abilities of rivals.
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suppose an individual experiences a permanent increase in income. as a result of this increased income, further assume that the individual eats dinner at restaurants more frequently each month. this information suggests that dinners at restaurants for this individual are group of answer choices a normal good. an inferior good. both complimentary and inferior. a substitute good. next
This information suggests that the dinners at restaurants for this individual is a normal good.
What is a normal good?Instead of the quality of the good itself, the term "normal good" or "necessary good" refers to the level of desire for the good and its relationship to increases or decreases in customer income levels. Demand for everyday goods is influenced by consumer behaviour patterns, and as income levels increase, consumers are frequently able to purchase goods that they were previously unable to. Positively income elastic means that changes in demand for typical goods follow changes in income. In order to forecast sales during periods of economic expansion and rising incomes or during periods of economic contraction and declining incomes, businesses also look at how sensitive the demand for their products and services is to changes in consumer income.
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Identify whether each of the following statements is true or false:
1. If inflation is expected to decrease in the future and the real rate is expected to remain steady, then the Treasury yield curve is downward sloping. (Assume MRP=0.)
2. All else equal, the yield on new bonds issued by a leveraged firm will be less than the yield on the new bonds issued by an unleveraged firm.
3. The yield curve for a BBB-rated corporate bond is expected to be above the U.S. Treasury bond yield curve.
4. Yield curves of highly liquid assets will be lower than yield curves of relatively illiquid assets.
False. If inflation is expected to decrease in the future, the nominal interest rates will also decrease. If the real rate is expected to remain steady, the nominal rate decrease will lead to a decrease in the expected inflation rate.
As a result, the yield curve will become flatter or inflation sloping, not downward sloping. False. The yield on new bonds issued by a leveraged firm is generally higher than the yield on new bonds issued by an unleveraged firm. This is because leveraged firms are perceived to have a higher default risk due to their higher debt-to-equity ratios, which results in a higher required return for investors to compensate for the increased risk.True. BBB-rated corporate bonds are considered to have a higher default risk compared to U.S. Treasury bonds. As a result, the yield curve for BBB-rated corporate bonds is generally above the U.S. Treasury bond yield curve to compensate investors for the higher risk. True. Highly liquid assets such as U.S. Treasury bonds are perceived to have lower risk and therefore have lower yields compared to relatively illiquid assets such as corporate bonds or junk bonds, which are perceived to have higher default risk and are therefore priced higher to compensate investors for the increased risk.
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why is employee involvement crucial when developing an inspiring vision and mission?
Employee engagement is a process that enables workers to state their views on opinions that affect their jobs.
Why believing in the vision and charge motivates workers. Because workers can develop meaningful strategic enterprise.
The crucial benefits of employee engagement and commission are bettered morale, increased productivity, healthier connections with associates, creative thinking, and hand retention. This can be done through company meetings, panels, etc.
By involving workers in decision- making in areas that affect their jobs, hand engagement programs aim to give workers more control over how they do their jobs, leading to advanced hand provocation and job engagement. workers have further control over their jobs and the plant when they share in decision- timber.
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which brand has the largest equity? a. sears b. apple c. general motors d. coke
According to the latest rankings of global brand equity, Coke has the largest equity among the four brands listed. Here option D is the correct answer.
Brand equity refers to the value that a brand adds to a company's products or services beyond its functional attributes, such as its reputation, recognition, and emotional appeal. It is a measure of how well the brand is perceived by consumers and how much they are willing to pay for it.
Coca-Cola has consistently ranked high on the list of top global brands, reflecting its enduring popularity and brand recognition worldwide. The company has built a strong reputation for quality, consistency, and innovation, and its brand is associated with positive emotional experiences such as happiness, refreshment, and social connections.
In addition to its iconic logo and packaging, Coke has also invested heavily in marketing campaigns and sponsorships that reinforce its brand identity and values.
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recently, job m759 was completed. it required 60 machine-hours. the amount of overhead applied to job m759 is closest to:
Beat Company utilizes a job-order costing system with a single, predetermined plant-wide overhead rate based on machine hours. The amount of overhead applied to the Job M759 is hence closest to 750.
What is called overhead rate?The overhead rate is the proportion of a company's indirect costs, such as rent and other administrative expenses, to its direct costs, sales, or other inputs, such as machine hours. It demonstrates to owners and managers of companies how much more expensive indirect costs are than, for example, direct manufacturing costs or gross sales.
A few examples of overhead expenses are rent and utilities, business permits, accounting fees, advertising charges, and payroll. Costs that are fixed cost, variable, or semi-variable are the three different categories of overhead. An overhead percentage of no more than 35% of total revenue is thought to be favorable in a well-performing company.
Given:
POHR=MOH/allocation base
Applied= POHR × actual hours
344,000+(3.9×40,000)/40,000=12.5
12.5×60=750
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The complete question is:
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours 40,000Total fixed manufacturing overhead cost $ 344,000Variable manufacturing overhead per machine-hour $ 3.90
Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)
which of the following accurately describes the difference between how open market operations are used in a banking system with limited reserves compared to a banking system with ample reserves? responses in a banking system with limited reserves, open market operations are used to maintain sufficient reserves, whereas in a banking system with ample reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply. in a banking system with limited reserves, open market operations are used to maintain sufficient reserves, whereas in a banking system with ample reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply. in a banking system with limited reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply, whereas in a banking system with ample reserves, open market operations are used to maintain sufficient reserves. in a banking system with limited reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply, whereas in a banking system with ample reserves, open market operations are used to maintain sufficient reserves. in a banking system with limited reserves, open market operations are used to directly adjust the nominal interest rate, whereas in a banking system with ample reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply. in a banking system with limited reserves, open market operations are used to directly adjust the nominal interest rate, whereas in a banking system with ample reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply. in a banking system with limited reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply, whereas in a banking system with ample reserves, open market operations are used to directly adjust the nominal interest rate. in a banking system with limited reserves, open market operations are used to indirectly influence the nominal interest rate by changing the money supply, whereas in a banking system with ample reserves, open market operations are used to directly adjust the nominal interest rate. in a banking system with limited reserves, open market operations are a non-operational monetary policy tool, whereas in a banking system with ample reserves, open market operations are an operational monetary policy tool.
In order to change the federal funds rate for monetary policy, the Federal Reserve employs open market operations (OMO), such as buying or selling U.S. Treasuries.
What distinguishes open market transactions from bank rates?3. During a deflation, bank rates are lowered to raise the amount of money in circulation, while on the open market, the central bank purchases all of the assets to free up liquidity for the economy.
What are open market operations? How is it used to regulate the amount of money in the economy?Open market operations refer to the selling and buying of Treasury Bills and other Government Securities by the Central Bank of Any Country to Control the Money Supply in the Economy. It is one of
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printer company has two locations with a total of 33 amployees If two times the number of employses at the lacaion is three greater than five times the number of employses at the smaller location, how many employees are at sach location? The smaller location hasemployee(s) and the larger location has employees).
The smaller location has 9 employees and the larger location has 24 employees.
Let's use variables to represent the number of employees at each location. Let x be the number of employees at the smaller location, and y be the number of employees at the larger location.
From the problem statement, we know that:
x + y = 33 (the total number of employees is 33) ---1
2y = 5x + 3 (two times the number of employees at the larger location is three greater than five times the number of employees at the smaller location) ---2
We can use the first equation to solve for one of the variables in terms of the other. Y can be expressed as
x + y = 33
y = 33 - x
We can then substitute this expression for y into the second equation and solve for x:
2(33 - x) = 5x + 3
66 - 2x = 5x + 3
66 + 3 = 5x + 2x
69 = 7x
x = 9
So the smaller location has 9 employees.
Now we can use the first equation to solve for y:
x + y = 33
9 + y = 33
y = 33 - 9
y = 24
So the larger location has 24 employees.
Therefore, the smaller location has 9 employees and the larger location has 24 employees.
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A licensed sales associate accepted a deposit check from a buyer late on Friday evening. So that the check would not be lost, she deposited it into her personal bank account. Is this wrong?
A No, because the intent was to protect the funds by placing them into a bank account for safe keeping.
B No, as long as she informed the buyer she was going to do so.
C Yes, it is against Florida real estate statutes to do so.
D Yes, unless the buyer asked her to keep the funds in her account until such time as the contract had been accepted by the seller.
Option C is correct. In order not to lose the check, she deposited it in her bank account. Yes, it violates Florida real estate laws.
Good faith money is credited to an account to demonstrate the buyer's intent to complete the transaction. Goodwill money is often used later for purchases, but cannot be refunded if the transaction fails.
Goodwill money acts as collateral to complete the purchase. This payment is generally non-refundable but will be added to the final purchase price.
If the seller wants to both qualify and motivate the buyer, the required deposit amount will be larger.
Amounts may vary in good faith as a percentage of the final price, depending on supply and demand.
Both the seller and the buyer must set the payment terms in writing in good faith.
Since honest money can represent sunk costs, it is often a strong incentive for buyers to close deals. The higher the cost, the more likely you are to purchase.
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Discuss the main categories of business risk, such as people risks
risks, and environmental risks. Indicate whether each risk is either
external in nature.
Explanation:
Business risk refers to the potential for loss or damage that a company may face due to factors that are beyond its control or due to its own actions. Business risks can be broadly categorized into internal and external risks. Internal risks are those that arise from within the organization and can be controlled by the company, while external risks are those that are beyond the control of the company.
The main categories of business risk are:
Financial risk: Financial risk is the risk of losing money due to various factors, such as changes in interest rates, fluctuations in currency exchange rates, credit risk, and market volatility. Financial risks are external in nature, as they are largely driven by economic and financial factors that are outside the control of the company.
Operational risk: Operational risk is the risk of loss resulting from inadequate or failed processes, systems, or people. This includes risks related to human error, system failures, supply chain disruptions, and regulatory compliance. Operational risks can be both internal and external in nature, as they can arise from within the organization or from external factors that impact the company's operations.
Strategic risk: Strategic risk is the risk of losses resulting from poor business decisions or the failure to adapt to changes in the business environment. Strategic risks are external in nature, as they are largely driven by changes in market conditions, shifts in consumer preferences, and disruptive technologies.
Reputational risk: Reputational risk is the risk of damage to a company's brand or reputation due to negative publicity, scandals, or other events that erode public trust. Reputational risks can be both internal and external in nature, as they can result from the actions of employees or from external factors that impact the company's reputation.
Legal risk: Legal risk is the risk of losses resulting from lawsuits, regulatory fines, or other legal action. Legal risks are external in nature, as they are largely driven by changes in laws and regulations or legal disputes with other parties.
Environmental risk: Environmental risk is the risk of losses resulting from environmental factors such as natural disasters, climate change, or pollution. Environmental risks are external in nature, as they are driven by forces outside the control of the company.
People risk: People risk is the risk of losses resulting from the actions or decisions of employees, including issues related to employee turnover, absenteeism, and misconduct. People risks can be both internal and external in nature, as they can result from the actions of employees or from external factors that impact the company's workforce.
In summary, business risks can be classified into various categories, including financial, operational, strategic, reputational, legal, environmental, and people risks. Some of these risks are external in nature, while others are internal or can be caused by a combination of internal and external factors. A comprehensive risk management strategy should consider all of these categories of risk and should be designed to mitigate the impact of these risks on the company's operations and financial performance.
In the circular flow model, which of these is a factor payment?
a. the monthly mortgage on a house
b. the hourly wage a store pays to a clerk
c. the check someone writes to buy groceries
d. the credit card charge for ordering games online
The factor payment in the circular flow model is the hourly wage a store pays to a clerk
What is the factor payment in the circular flow model ?Among the options given, the factor payment is the hourly wage a store pays to a clerk.
In the circular flow model, there are two main sectors: households and firms. Households supply factors of production, such as labor, land, and capital, to firms, and in return, firms pay factor payments, which are payments made to these factors of production. Examples of factor payments include wages paid to employees for their labor, rent paid to landlords for the use of land, and interest paid to lenders for the use of capital.
Option a, the monthly mortgage on a house, is a payment made by a household for the purchase of an asset and is not a factor payment.
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when managers are building group dynamics, they are also often
Each individual member of a group working toward a common objective will perform well and meet the objectives set by the group when there is a positive dynamic present.
Ineffective group dynamics can have a detrimental impact on performance, which can harm the project or collective purpose.
A favorable work dynamic is influenced by a variety of factors. The four fundamental ideas listed below will help you understand group dynamics as well as how to establish and maintain a positive attitude in any group.
1. A group's strong leadership is crucial
2. Understand the impact of personalities on team dynamics
3. Recognize the progression of a group's life.
4. Communication is essential.
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True of FalseA company's cost of goods sold for a period = the beginning inventory plus the amount of inventory purchased during the period.
Thus, the assertion is True. The price of manufactured goods and total production expenses are identical, The cost of goods sold is calculated by deducting the cost of products available for sale from the closing inventory.
The starting value of inventory plus the cost of products purchased equals the cost of the goods that are now on the market.
Also, for both internal and external purposes, commencing inventory is a crucial element of inventory accounting. (I'll have more to say about that soon.) Also, it is a component of the formula used to calculate cost of goods sold (COGS), which in turn aids in predicting a business's profitability.
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in which of the following circumstances is a registered public accounting firm's independence impaired with respect to an issuer? a the firm is a member of a trade association that is an audit client. b the firm's affiliate provides tax advisory services to a member of the board of directors of the issuer. c the firm recommends a human resources software system to the issuer and receives a commission from the software vendor. d the firm advises the issuer on the tax consequences of alternative ways of structuring a transaction after receiving approval of the audit committee.
Independent judgement is threatened by received power and self-review if the member assumes management responsibilities for a continuing function, process, or activity.
A firm is it a company?A firm is a type of commercial entity that aims to turn a profit by selling products and services. The words "firm" and "business" are interchangeable. Businesses can be organised in a variety of ways, such as sole proprietorships or corporations.
What makes anything a firm?It is said to have derived from German Firma signifying 'a corporation, trademark of a company,' which comes from the Italian term Firma, meaning 'mark' and Firmare 'one sign'. Firmare, which originally meant "to make firm, affirm," also came to signify "confirm (by signature)" in late Latin.
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